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General Liability vs. Professional Liability: What’s the Difference?

Levelset

Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. The two most common liability insurance policies for contractors are general liability and professional liability. What are general liability and professional liability insurance?

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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.

Risk 356
professionals

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5 Safety Precautions For Multi-Level Construction Sites

Construction Marketing

Construction workers face various challenges in the course of their work. As the owner of a construction firm , you’re responsible for enhancing the safety of your workers. It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. .

Safety 343
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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Construction sites are full of activity due to moving parts and heavy machinery. For those installing properties using rigging equipment, the complexities of these job sites are even worse. Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes.

Insurance 168
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Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Levelset

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is general liability insurance?

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NexTraq Boosts Safety & Liability Offer

Construction Equipment

NexTraq is improving its Safety and Liability Protection offer for its Dashcam by adding feature updates to the high-definition vehicle incident camera system solution. Fleet managers will now be able to request specific videos and images for specific dates, times, or locations for insight into…

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What Certifications Does A Crane Need To Operate On Construction Sites?

Construction Marketing

Crane certifications are crucial for construction site operations due to their critical role and potential risks. Certifications protect construction companies and employers when they hire certified crane operators. Certifications protect construction companies and employers when they hire certified crane operators.